Large White Light as bright as baseball field Lights + two small red blinking lights

I first saw the object at 9:54p.m. March 09,2005. I was on the I-64 overpass Exit 105.

It was a large ball of light over top downtown Corydon, IN. The light was as bright, like field lights on a baseball field. The object had aproximately 1000ft. in altitude. The object hovered over downtown Corydon for about 10 to 12 minutes.

Then the object proceeded to move ENE toward Big Indian Rd. over Oxford Industries. Then the object started to blink a slow red light on what i viewed as its right side this went on for about 30 seconds. The object then moved strait up to about 200ft or 500ft above where it was. I hovered here for about 1 minute while hovering it started blinking a fast red light on what I viewed to be its left side.

This continued while it hovered. The object then headed east at a 45 degree angle to the horizon to I would say 20,000 ft. in about 5 seconds. It then just looked like a star, and it started blinking both red lights. I got back in my car and headed home where I preceeded to show my mom. I then watched it for 10 minutes then went into my house. I came back out to find it 5 minutes later and the light was gone.